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Stock Market & Financial Investment News

News Breaks
March 24, 2014
06:26 EDTLGFLionsgate's 'Divergent' sequel is likely, WSJ says
Lionsgate's "Divergent" came in first at the box office, this weekend, with an estimated ticket sales of $56M, which was less than "Twighlight" and "The Hunger Games", reports the Wall Street Journal. A sequel is likely to be released March 2015, the paper adds. Reference Link
News For LGF From The Last 14 Days
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March 25, 2015
08:07 EDTLGFLionsgate announces Zygi Kamasa to continue serving as Lionsgate UK
Lionsgate announced Zygi Kamasa has entered a new long-term agreement to continue serving as Chief Executive Officer of Lionsgate UK and to assume additional new responsibilities as CEO of Lionsgate's European Office.
March 22, 2015
18:46 EDTLGFLionsgate's 'The Insurgent' takes top spot at box office with $54M
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March 20, 2015
16:05 EDTLGFLionsgate files to sell 361,229 shares of common stock for holders
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March 18, 2015
06:53 EDTLGFLionsgate closing $375M financing agreement with Chinese broadcaster, WSJ says
Lionsgate CEO Jon Feltheimer said in a Wall Street Journal interview that the company is closing a $375M financing agreement with Hunan TV & Broadcast Intermediary that may boost its ability to screen films in China. Hunan will fund 25% of Lionsgate production costs over a three year period which the Journal notes could total $1.5B, though popular franchises "Hunger Games," "Divergent," and "Twilight" are not covered. Hunan's subsidiary will acquire rights to distribute up to four Lionsgate films in China, and the two companies will also produce films and television shows for both U.S. and Chinese markets, with a "Candy Crush Saga" TV show being a likely first candidate, according to Feltheimer. Reference Link

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